Author: Bhupesh Agrawal

India’s induction furnace (IF) steel market witnessed mixed sentiments, with mill offers moving within INR 50-500/tonne (t) d-o-d. Sponge iron prices fluctuated by INR 50-200/t d-o-d, with the highest rise of INR 200/t seen in Durgapur. Billet tags varied by INR 50-300/t d-o-d, with the steepest fall of INR 300/t recorded in Chennai. However, in…